17 Nov 2017
W L ACE-KIRKER AND M L BAKER AS TRUSTEES OF THE UTOPIA FAMILY TRUST v J PIPER [2017] NZHC 2827
- Citation
- [2017] NZHC 2827
- Court
- High Court
Credible evidence showed the plaintiff/trust was presently unable to pay costs and, although the claim's prospects are unclear rather than hopeless, a balancing exercise favored ordering security; accordingly $35,000 security was ordered in tranches with a stay until the first tranche was paid and costs to be fixed on a 2B basis payable at conclusion.